• About
  • Advertise
  • Careers
  • Contact
Tuesday, March 10, 2026
  • Login
No Result
View All Result
NEWSLETTER
World's first weekly chronicle of development news
  • Blitz Highlights
    • Special
    • Spotlight
    • Insight
    • Entertainment
    • Sports
  • Legal
  • Perspective
  • Nation
    • East
    • West
    • North
    • South
  • Business & Economy
  • World
  • Hindi Edition
  • International Editions
    • Dubai
    • Tanzania
    • United Kingdom
    • USA
  • Blitz India Business
  • Blitz Highlights
    • Special
    • Spotlight
    • Insight
    • Entertainment
    • Sports
  • Legal
  • Perspective
  • Nation
    • East
    • West
    • North
    • South
  • Business & Economy
  • World
  • Hindi Edition
  • International Editions
    • Dubai
    • Tanzania
    • United Kingdom
    • USA
  • Blitz India Business
No Result
View All Result
World's first weekly chronicle of development news
No Result
View All Result

92,549 micro food processing firms get funds under Centre’s scheme

by Blitz India Media
August 9, 2024
in News
0
food processing firms
Blitz Bureau

NEW DELHI: The Ministry of Food Processing Industries has sanctioned financial support to as many as 92,549 micro food processing enterprises till June 30 this year under its Rs 10,000 crore Pradhan Mantri Formalisation of Micro Food Processing Enterprises (PMFME) scheme, the Parliament was informed.

The scheme, which is operational for a period of five years from 2020-21 to 2024-25 offers technical, business and financial support to all the unorganised micro food processing units, Minister of State for Food Processing Industries Ravneet Singh told the Lok Sabha in a written reply.

“The Ministry is also implementing other Central sector schemes of the Pradhan Mantri Kisan Sampada Yojana (PMKSY), and the Production Linked Incentive Scheme for food processing industry (PLISFPI) for the overall development of the food processing sector,” he said.

The schemes are aimed at the creation of modern infrastructure with efficient supply chain management from farm gate to retail outlet, and to help in providing better returns to farmers, creation of employment opportunities, reducing wastage, increasing the processing level and enhancing the export of processed foods, the Minister said, adding that all these three schemes are demand-driven and implemented across the country. Under sub-schemes of the PMKSY, the Ministry provides mostly credit-linked financial assistance in the form of capital subsidy to entrepreneurs with a total outlay of Rs 5,520 crore for the 15th Finance Commission cycle.

It has sanctioned 41 mega food parks, 399 cold chain projects, 76 agro-processing clusters, 588 food processing units, 61 backward & forward linkage projects & 52 Operation Greens projects till June 30, the Minister said. PLISFPI is also intended to support the creation of global food manufacturing champions and support Indian brands of food products in the international market. The scheme is being implemented over a six-year period from 2021-22 to 2026-27 with an outlay of Rs 10,900 crore.

A total of 172 food processing companies have been given sanctions for assistance under various categories of the scheme so far, he added.

Blitz India Media

Blitz India Media

Amid the diminishing relevance of the present-day media, engrossed in negativity and system-bashing, Blitz India is a bold attempt at constructive journalism. It is India’s first, and only, weekly newspaper focused on development journalism.

Next Post
education

Indian companies hike CSR spending towards education to boost skilling

Recommended

Former West Indies allrounder, 1975 World Cup winner Julien passes away

Former West Indies allrounder, 1975 World Cup winner Julien passes away

5 months ago
NGT

NGT issues notice on indiscriminate concretization of roadsides & constructions

2 years ago

Popular News

Plugin Install : Popular Post Widget need JNews - View Counter to be installed

Connect with us

Category

  • A tribute
  • Blitz india
  • Books
  • Business
  • Business & Economy
  • Campaign
  • Corporate
  • Dubai
  • East
  • Eco-focus
  • Econmy/sports
  • Economy
  • Education
  • Entertainment
  • Fashion
  • Focus uk
  • food
  • G20 podium
  • Gaming
  • Gender equality
  • Global South
  • Health
  • Health
  • Hindi Edition
  • Insight
  • International
  • Kerala
  • Latest
  • Latest news
  • Legal
  • Lifestyle
  • Maharashtra
  • Movie
  • Multilateral
  • Music
  • Nation
  • Nation builder
  • National
  • NEW ECONOMY
  • News
  • North
  • Opinion
  • Perspective
  • Politics
  • Rising india
  • Science
  • Social
  • South
  • Special
  • Sports
  • Spotlight
  • States
  • Tanzania
  • Tech
  • Technology
  • The blitz special
  • Travel
  • United Kingdom
  • Update
  • USA
  • West
  • world
  • world cup

Site Links

  • Log in
  • Entries feed
  • Comments feed
  • WordPress.org

About Us

We bring you the best Premium WordPress Themes that perfect for news, magazine, personal blog, etc. Check our landing page for details.

  • About
  • Advertise
  • Careers
  • Contact

© 2026 JNews - Premium WordPress news & magazine theme by Jegtheme.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

    No Result
    View All Result
    • Blitz Highlights
      • Special
      • Spotlight
      • Insight
      • Entertainment
      • Sports
    • Legal
    • Perspective
    • Nation
      • East
      • West
      • North
      • South
    • Business & Economy
    • World
    • Hindi Edition
    • International Editions
      • Dubai
      • Tanzania
      • United Kingdom
      • USA
    • Blitz India Business

    © 2026 JNews - Premium WordPress news & magazine theme by Jegtheme.